Contents tagged with Sanctions
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EU extends sanctions against Russia
The European Union has extended sanctions against Russia because of the annexation of the Crimea in 2014 for another 6 months. This was reported by Radio Liberty correspondent in Brussels Rikard Jozwiak on Twitter on Wednesday, September 7th. This decision affects 146 people and 37 legal entities from Russia, Ukraine, and the occupied Crimea.
According to the correspondent of 112 Ukraine TV channel in Brussels, this decision should be published before September 15th, when the term of the …
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US lifts sanctions on Russian defense company to service Mi-17 helicopters in Afghanistan
On September 6th, RIA Novosti reported that the U.S. had lifted sanctions against Rosoboronexport contracts regarding the maintenance of Mi-17 helicopters in Afghanistan. Deputy Director General of Rosoboronexport Sergey Goreslavsky said in an interview with RIA Novosti that "the decision was made for two years, but if necessary, may be extended by the Americans." Those restrictions were imposed on September 2nd last year but had been partially lifted on November 25th.
The Director of …
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Contractor says Kerch Strait Bridge will be completed on time despite US sanctions
The owner of SGM (Stroygazmontazh, the largest construction company for gas pipelines and electrical power supply lines in Russia), Arkady Romanovitch Rotenberg, who acts as the General Contractor for the construction of the bridge from Kuban to the annexed Crimea, is sure that the U.S. imposed sanctions against the company, SGM-Bridge, will not affect the timing of the project, as stated on the TV channel "Russia 24."
"We were ready for this, and initially suggested that this may happen. …
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Latvian Foreign Minister: Debate about lifting sanctions on Russia was premature
It’s too early to discuss abolishing the EU sanctions against Russia, said the head of the Latvian Foreign Ministry, Edgars Rinkēvičs, during an informal meeting of EU foreign ministers in Bratislava, as reported by the press service of the Foreign Ministry of Latvia.
Rinkēvičs stressed that it was premature to talk about lifting sanctions against Russia and it is necessary to continue efforts to achieve full implementation of the Minsk agreements. In addition, the Latvian minister expressed …
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Poland the UK favor maintaining sanctions against Russia
On 3rd of September, the Polish Minister of Foreign Affairs, Witold Waszczykowski, announced after a meeting with the British Secretary of State for Foreign and Commonwealth Affairs, Boris Johnson, that they have agreed on the need for maintenance of sanctions imposed by the European Union against Russia until full implementation of the Minsk Agreements.
“We have discussed the failure to implement the Agreement with Ukraine and we have also discussed the way out of this situation. We have …
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Time Magazine: Despite being on EU sanctions list, Putin's aide visited Greece
Russian presidential aide Vladislav Surkov visited Mount Athos in Greece despite being on the EU sanctions list, Time magazine reported, referencing several different sources.
In May, Surkov reportedly accompanied Russian President Vladimir Putin and several prominent Russian politicians and priests to Mount Athos, a place of pilgrimage for Orthodox Christians.
When asked to comment on the allegations, the Kremlin responded that the information “does not correspond to reality.”
Surkov was …
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Gazprom subsidiaries and contractors for Kerch Strait Bridge fall under US sanctions
A press release by the US Treasury has stated that the US government has once again expanded the list of Russian individuals and legal entities to which unilateral US economic sanctions will apply. The list includes Gazprom-Media, which in turn includes NTV, NTV Plus, TNT, Pyatnitsa and Match TV, the Echo Moskvy radio station and Avtoradio.
The main contractor for the construction of the Kerch Strait bridge, LLC SGM-Bridge, is also now included on the list. The company is a subsidiary of …
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EU to extend sanctions against 146 Russian individuals
EU ambassadors will make a decision about extending targeted sanctions against Russian citizens involved in the violation of Ukrainian territorial integrity. In particular, 146 people and 37 companies could have their visas restricted and accounts frozen.
As Radio Svoboda reports, citing its own sources in the EU, a decision about extending the sanctions for another six months is expected to be adopted without much discussion by September 15. The parties in question include companies in the …
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Bloomberg: The chances of lifting sanctions on Russia decreased significantly after recent events in Crimea
The growing tension in the region only prevents Russia from the establishment of favorable relations and the easing of sanctions and, therefore, from further economic growth, Bloomberg notes.
The agency interviewed 21 economists about the prospects of lifting the sanctions. About 52% of the respondents believe that the EU would agree to lift the sanctions in the coming year. Before the recent events in the Crimea, the proportion of respondents sharing this view was much higher — 69 %. Only 10% …
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The US may tighten sanctions on Russia
If aggression against Ukraine escalates, sanctions against Russia will be tightened. American policy regarding the Crimea will not be reconsidered no matter who wins the presidential elections in the USA. Such statements were made in Kyiv by a delegation from the US Congress.
The US Congress is ready to increase the price that the Kremlin will have to pay if aggression against Ukraine continues. Such a message has been brought to Kyiv by the Delegation of American legislators. Although the …